AUD/USD Price Forecast: Aussie Dollar Dwindling Ahead of FOMC

AUD remains on the backfoot against the USD as markets prepare for the FOMC announcement next week, while technical analysis suggests further downside to come.

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Stock indices, except the FTSE 100, consolidate ahead of weekend

​Outlook on FTSE 100, DAX 40 and S&P 500 amid mixed U.S. earnings and strong UK retail sales.

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GBP/USD Price Forecast: Positive Retail Sales Temporarily Lifts the Pound

Cable caught a bounce this morning on positive retail sales numbers. Is the rebound sustainable or will we see further weakness ahead of a busy 2-week period of Central Bank meetings?

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Japanese Yen Steady After CPI; USD/JPY, AUD/JPY, CAD/JPY, MXN/JPY Price Action

The Japanese yen was steady even as price pressures in Japan re-accelerated last month amid the growing view that inflation is peaking. What does this mean for USD/JPY, AUD/JPY, CAD/JPY, and MXN/JPY?

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Profit-Taking in Big Tech Overnight, as US Earnings Remain Centre Stage: US Dollar, Nikkei 225, AUD/JPY

Wall Street ended mixed overall, with further catch-up gains in value sectors as the DJIA delivered its nineth day winning streak.

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Dow Makes Progress and Nasdaq 100 Edges Lower, but Nikkei 225 Comes Under Pressure​​​​

​The Dow is sitting close to the 2023 it hit yesterday, while the Nasdaq has seen momentum dissipate. Meanwhile, the Nikkei 225 has seen a wave of selling that threatens to negate the bullish view seen earlier in the week.

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EUR/USD Price Forecast: Euro Fading Into Central Bank Week?

The euro looks to be running out of steam despite persistent high inflation ahead of next weeks ECB and FOMC announcements.

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Crude Oil Steadies as Markets Assess US Dollar Direction. Will WTI Regain High Ground?

The crude oil price decent pause to start Thursday’s session as markets assess energy demand with China leaving rates unchanged. If the US Dollar resume sliding, can WTI break the range?

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What’s Changed for British Pound After UK CPI? GBP/USD, EUR/GBP, GBP/AUD Price Setups

The British pound looks set to retreat slightly against its peers following evidence that price pressures in the UK are finally moderating from elevated levels. What’s next for GBP/USD, GBP/AUD, and EUR/GBP?

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Asia Day Ahead: Mixed Showing in Asia as Markets Digest NFLX, TSLA Earnings

After-market earnings releases from Netflix and Tesla have brought about a mixed showing in US equity futures this morning.

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Australian Dollar Leaps on Hot Jobs Data Ahead of CPI. Where to for AUD/USD?

The Australian Dollar jumped higher after employment data today revealed a re-tightening of the labour market that might put pressure on the RBA at its August meeting.

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Australia Roundup: ASX 200 Rises on Weaker AUD, Iron Ore Reversal Potential

The Australian dollar has pared back much of the recent gains when the dollar sold off aggressively. Positive earnings in the US underpin global risk appetite for now

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Stock indices continue to rise on solid U.S. earnings and weaker UK CPI

Outlook on FTSE 100, DAX 40 and S&P 500 amid better-than-expected U.S. earnings and slowing UK inflation.

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UK (GBP) Breaking News: UK CPI Miss Troubles Pound

GBP weakened against both the USD and EUR this morning after UK inflation figures fell further than expected.

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Euro Ahead Euro Area CPI: EUR/USD, EUR/AUD, EUR/JPY Price Setups

The euro is testing the top end of the recent range against some of its peers ahead of the key Euro area inflation data later Wednesday and next week’s key central bank meetings. How EUR/USD, EUR/JPY, and EUR/AUD look?

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Gold Jumps After Tepid US Retail Sales; What’s Next for XAU/USD After Reverse H&S Target Met?

Gold jumped after US retail sales rose less than expected in June which weighed on US Treasury yields and the greenback. How much more for gold to rise?

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Catch-up Gain in Value Sectors Overnight, Focus Remains on US Earnings: DJIA, NZD/USD,GBP/USD

Better-than-expected earnings results from major US banks provided the go-ahead for the Wall Street rally to continue, with some catch-up gains in the value sectors.

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New Zealand Dollar Soars as Inflation Beat Drives More RBNZ Tightening Bets

The New Zealand Dollar may rise after stronger local inflation data inspired traders to price in another RBNZ rate hike later this year. Where to for NZD/USD?

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US Dollar Dancing on Horizontal Support ahead of Fed Decision Next Week

After a sharp drop during the first half of the month, the U.S. dollar has stalled in recent days, with prices in consolidation mode around key technical support as traders await new market drivers.

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S&P 500 Outlook Over Next 1-2 Months: Broadening Participation Points to Further Gains

Improving market breadth points to further gains in the S&P 500 index in the coming weeks as the earnings season picks up steam. What is the one-month and two-month outlook for the S&P 500 index?

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